Impact Minerals Limited · ASX:IPT
Impact Minerals — Shareholder Meeting (November 2014)
28 slides from Impact Minerals's shareholder meeting presentation, Nov 27, 2014
Slide 1: 2014 Annual General Meeting Presentation by Managing Director
ASX ANNOUNCEMENT Date: 27 November 2014 Number: 379/271114 For personal use only 2014 ANNUAL GENERAL MEETING PRESENTATION BY MANAGING DIRECTOR Attached is a presentation which will be delivered to the Company’s Annual General Meeting by its Managing Director, Dr Michael Jones. A copy of this present
Slide 2: AGM Presentation
For personal use only AGM Presentation Managing Director: Dr Mike Jones November 2014 Commonwealth, NSW Broken Hill, NSW Mulga Tank, WA
Slide 3: Introducing Impact Minerals (ASX:IPT)
Introducing Impact Minerals (ASX:IPT) For personal use only Listed on ASX November 2006 12 month Share Price Shares on 566m Issue 8 m listed IPTO Options 34m unlisted Share Price 2.5¢ Market Cap: $14m Commonwealth Au-Ag-Zn-Pb-Cu (NSW) Shareholders Broken Hill Joint Venture: Bunnenberg Family 30% Key
Slide 4: Mulga Tank Nickel-Copper-PGE Project
For personal use only Mulga Tank Nickel-Copper-PGE Project Western Australia Impact 20% to 100% and earning 50% to 70%
Slide 5: Mulga Tank Project: Location
Mulga Tank Project: Location • Emerging WA nickel province For personal use only • Near to world class nickel mines: – Perseverance >1 Mt Ni metal – Mt Keith >2 Mt Ni metal – Kambalda camp >1 Mt metal • Recent discoveries at – Nova-Bollinger deposit (0.5 Mt Ni Eq.) – Camelwood (Ni) – Collurabie (Ni-
Slide 6: Mulga Tank: A new nickel field?
Mulga Tank: A new nickel field? • Very poorly For personal use only explored greenstone belt • Extensive sand cover has hindered exploration • IPT’s licences cover 425 sq km • Significant untapped gold potential • Work by Impact only focused on 15 sq km area over the Mulga Tank 5 Mulga Tank Dunite D
Slide 7: Mulga Tank Dunite: IPT 2013 Drill Programme
Mulga Tank Dunite: IPT 2013 Drill Programme For personal use only • Six targets tested Conductor 3 0.25 m at 3.8% Ni, 0.7% Cu 0.7 g/t PGE 59 m at 0.3% Ni • Three returned Conductor 1 significant nickel- 0.75 m at 0.85% Ni 0.15% Cu 6.7 m at 0.5% Ni copper mineralisation • Three styles of nickel miner
Slide 8: A sense of scale and perspective!
A sense of scale and perspective! Area of Mulga Tank For personal use only Dunite 1 km Conductor 5 Mulga Tank Dunite and the Kambalda Nickel Field (>2 million tonnes 7 of contained nickel) at the same scale
Slide 9: Broken Hill Nickel-Copper-PGM Joint Venture Project
For personal use only Broken Hill Nickel-Copper-PGM Joint Venture Project New South Wales Impact 51% and earning 80% by spending $200,000 to earn 80%
Slide 10: Broken Hill Ni-Cu-PGE JV Project
Broken Hill Ni-Cu-PGE JV Project • Located in the richly mineralised NSW Curnamona Province For personal use only • Mineralised mafic and ultramafic dykes and sills with high grade gossans over Moorkaie a 35 km belt • Highest platinum grades in Australia • 2 priority targets including: – Red Hill: E
Slide 11: Red Hill Mine Prospect
Red Hill Mine • Red Hill Mine active from 1906 Prospect to 1937 For personal use only • About 500 t was mined • Old mine records indicate face sample results of: – 2 to 4% copper – 2 to 3% nickel – 5 to 41 g/t platinum – 22 to 70 g/t silver • No drilling • Anomalous soil and rock chip samples: four
Slide 12: Nickel and copper sulphide and oxide
For personal use only Nickel and copper sulphide and oxide 11
Slide 13: Eagle: 5Mt at 3.7%Ni and 3%Cu
For personal use only Eagle: 5Mt at 3.7%Ni and 3%Cu 12
Slide 14: Red Hill: an Eagle Analogue?
Red Hill: an Eagle Analogue? For personal use only Eagle intrusions 13 Red Hill Size of Eagle Intrusion
Slide 15: Commonwealth Gold-Silver-Base Metal Project
MINERALS Commonwealth 2 (= © Gold-Silver-Base Metal Project a New South Wales se Impact 100%
Slide 16: Major Copper-Gold Mining Province
For personal use only Major Copper-Gold Mining Province 15
Slide 17: Commonwealth Project: Previous Work
For personal use only Commonwealth Project: Previous Work • Gold-rich Massive Sulphide Deposit • Mined 1906-1930’s 6500 t at 6 g/t Au, 150 g/t Ag, 2% Cu, 15% Zn & 7% Pb • Poorly explored: 66 drill holes for an average depth of 53 metres. • Previous exploration focus along 250 m strike at Commonwealt
Slide 18: Impact Work Programme 2013-2014
Impact Work Programme 2013-2014 For personal use only • IP Survey • Soil geochemistry • 21 drill holes for 3,600 m 17
Slide 19: Commonwealth: Potential at Depth
Commonwealth: Potential at Depth • Successful maiden drill For personal use only programme completed in September 2014 • High grade gold-silver results open along strike and at depth at: – Main Shaft – 6 m at 7 g/t gold, 383 g/t silver, 8.5% zinc, 3.2% lead and 0.3% copper – Commonwealth South – 4 m
Slide 20: 3D View of mineralisation
For personal use only 3D View of mineralisation • Wireframe of the host rhyolite and mineralisation • Massive sulphide on the hanging wall with disseminated and vein mineralisation in the footwall • Resource calculation in progress 19
Slide 21: Commonwealth: Deposit Model
Commonwealth: Deposit Model For personal use only • Volcanogenic Massive Sulphide Model 20
Slide 22: Ground IP Survey: Main Shaft and Silica Hill
For personal use only Ground IP Survey: Main Shaft and Silica Hill 21
Slide 23: What's hiding near Silica Hill?
For personal use only What’s hiding near Silica Hill? 22
Slide 24: Commonwealth: Potential along strike
Commonwealth: Potential along strike • Recent soil geochemistry For personal use only results reveal potential for major mineralised system covering many sq. km. • Recognition of metal- assemblages indicating – Porphyry & Skarn Cu-Au – High sulphidation Au-Ag- base metal • Major breakthrough for Imp
Slide 25: Analogy: Woodlawn deposit (TriAusMin)
Analogy: Woodlawn deposit (TriAusMin) Goulburn, NSW For personal use only Silurian VMS Deposit 17.7 Mt at 1.4 g/t gold, 80 g/t silver, 1.7% copper, 9.9% zinc, 3.8% lead for 7.1 million oz gold eq. • 3.5 Moz gold equivalent underground resource and reserve • Multiple lenses down to at least 630 m dep
Slide 26: Wafi-Golpu Analogy (75 Moz Au eq)
For personal use only Wafi-Golpu Analogy (75 Moz Au eq) Zn Cu Au 25 Look for tasty ‘donuts’
Slide 27: Commonwealth: Regional Potential
Commonwealth: Regional Potential For personal use only • Secured a further 315 sq km • 8 km strike potential rocks that host Commonwealth • 10 km strike potential of structures that host Galwadgere deposit : (2 Mt at 1.0% Cu and 0.3 g/t Au) • Additional historic copper-gold workings • Close to recen
Slide 28: Commonwealth: Next Steps
Commonwealth: Next Steps For personal use only • Inferred Resource Statement: November • Infill and Extend IP surveys over Commonwealth and Silica Hill: In progress • IP Survey over the Doughnut: November • Focus on Silica Hill: soil geochemistry and ground geophysics • Follow up drill programme: Q1
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